Restructuring and other charges primarily consist of separation costs for employees including severance, outplacement and other employee benefit costs (“Severance”), charges related to the write-down of fixed assets of plants to be closed (“Fixed asset write-down”) and all other related restructuring (“Other”) costs. All restructuring and other charges are separately stated on the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss).

In 2024, the Company commenced a productivity enhancement program aimed at improving productivity and optimizing its organizational footprint to align with business needs. This program will involve a series of actions, including ceasing operations in select manufacturing plants, consolidating leased and owned real estate space, and reducing employee headcount. The Company aims to substantially complete this productivity program by December 31, 2026.

The estimated total cost of the program initiatives ranges from $110 million to $130 million. The anticipated cash charges include employee-related costs such as severance, contract terminations costs, and dismantling costs. Additionally, non-cash charges related to assets, such as fixed asset write downs, are expected.

Since the inception of the program, the Company has recognized $85 million in severance costs and $14 million in fixed asset write-downs and site closure expenses. During the first quarter of 2026, the Company incurred approximately $6 million in severance costs in connection with the IFF Productivity program, including $1 million of non-cash stock compensation acceleration expense. During the first quarter of 2025, the Company incurred approximately $17 million in severance costs.

Changes in restructuring liabilities during the three months ended March 31, 2026 were as follows:


(DOLLARS IN MILLIONS)	Balance at January 1, 2026		Additional Charges (Reversals), Net		Non-Cash Charges		Cash Payments		Balance at March 31, 2026






















IFF Productivity Program
Severance	$	36	$	6	$	(1)	$	(18)	$	23

Total Restructuring and other charges	$	36	$	6	$	(1)	$	(18)	$	23

Restructuring liabilities are presented in “Other current liabilities” on the Consolidated Balance Sheets.

The following table summarizes the total amount of costs incurred in connection with the restructuring programs and activities by segment:


	Three Months Ended March 31,
(DOLLARS IN MILLIONS)	2026		2025
Taste	$	2	$	2
Food Ingredients	2		3
Health & Biosciences	2		3
Scent	—		9


Total Restructuring and other charges	$	6	$	17